Suppose you are the owner of a picture frame store.Let's assume that the average price customers are willing to pay for each picture frame is $120.Also,suppose your fixed costs (FC)total $32,000 (real estate taxes,interest on a bank loan,etc. )and unit variable cost (UVC)for a picture frame is $40 (labor,glass,frame,and matting).According to Figure 13-10 above,how much profit will your picture frame store make if it sells 400 picture frames?
A)$48,000
B)$32,000
C)$16,000
D)$0
E)($32,000)

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The Answer of Suppose you are the owner of a picture frame store.Let's assume that the average price customers are willing to pay for each picture frame is $120.Also,suppose your fixed costs (FC)total $32,000 (real estate taxes,interest on a bank loan,etc. )and unit variable cost (UVC)for a picture frame is $40 (labor,glass,frame,and matting).According to Figure 13-10 above,how much profit will your picture frame store make if it sells 400 picture frames?
A)$48,000
B)$32,000
C)$16,000
D)$0
E)($32,000)

Suppose You Are the Owner of a Picture Frame Store